Financial Controller

Trescal is a pure player in calibration services and provides “one-stop shop” service offering for customers on test and measurement (T&M) equipment including verification, calibration and repair.

Historically located in Europe, where it had achieved a leadership position, the Group has decided to position itself in new geographies, notably expanding in Asia Pacific area to (i) increase the geographic coverage it provides to multinational customers it is already serving in Europe and (ii) balance its overall geographic activities.

The Group has embarked into a series of external growth in South East and Australia starting end of 2015.

The Group will realize around 10 m€ of sales at end of 2018 employing around 300 employees in Singapore and Malaysia. It expects to continue to grow in the Region and expand into new countries (Thailand, Vietnam, Philippines, Korea, India and Australia in priority, …) via organic and external growth. It intends to achieve minimum turnover of 50 m€ by 2022;

The Group needs to strengthen its Asia Pacific Finance organization and structure a Zone Finance organization. It recruits its South East Asia Pacific Financial Controller who will be in charge to supervise the local finance organization, optimize the finance transaction processes and integrate and monitor performance of future acquisitions, as well as being a Business Partner.

Primary purpose of the Role

Responsible for all financial aspects of Asia Pacific operations;

Provides leadership and coordination in the business planning and monitoring, cash management and accounting;

Evaluates, determine and implement measures to structure the financial departments in each country to keep up with growth of the Group, local legal requirements and Group internal procedures;

Act as the Controller for the Zone: Analyse and interpret financial and operational data trends and provides insight and recommendations to Trescal Asia Pacific General Manager and to local Country Managers, and to the Group, acting as Business Partner;

Ensure all local statutory compliance are executed (accounting, tax, legal, and social);

Reports to Asia Pacific General Manager and strong dotted line to the Chief Financial Officer of the Group;

Insure rapid integration of all new acquisitions within Finance and HR Group processes;

Main roles and responsibilities (applicable across all countries with the zone)

Organization: Insure effective Finance organizations are in place in each local countries / entities, i.e., accounting, treasury, legal, tax, .

Insure the externalization of accounting is efficiently run; reassess the organization put in place and internalize it if economically sound;

Evaluate and implement unique accounting department in Singapore if and as soon as possible;

Update, optimize and maintain systems of internal controls;

As we expand in other country within Asia Pacific, organic via creation of legal entities or via acquisition, design and operate a strong Finance team in each country, to insure the same high level of reliability:

Arbitrate between internal and external accounting, to optimize cost and build on expertize necessary to comply strictly with local regulations and with Group internal procedures;

Insure a strong supervision of all countries;

Evaluate opportunities for shared service centre on any Finance roles, across countries;

Train the Finance teams and other operation staff across the region on raising awareness and knowledge of financial management matters according to Group standards;

Accounting and Financial Controls:

Ensure all statutory and contractual obligations are properly fulfilled and that changes in local regulations applicable are properly anticipated and implemented;

Insure accounting policies and procedures are developed, as needed, in coordination with Trescal Corporate Finance;

Oversee the coordination and activities of external auditors and the preparation of the annual financial statements is in accordance with local GAAP and IFRS;

Cash Management

Implement, improve and manage strong and robust cash management processes, including efficient Working Capital Requirement management, among all entities of the Zone;

Manage / improve cash flow forecast to ensure adequate cash flow generated to meet the Countries of the Zone and the Group requirements;

Cash Management (continued)

Rely on existing local organization and you insure that efficient and effective cash management procedures and processes are implemented according to the Group best practices and under to the Group Treasurer close supervision

Organize bi-monthly reviews of the aged balances and insure appropriate actions plans are in place in case situation deteriorates or if situation needs improvement;

Collect all the information to insure a proper cash forecast is issued to the Group to insure permanent liquidity of operations in the Zone;

Planning and monitoring, reporting

Insure each countries have an accounting function supporting the Group reporting.

Insure actions are taken to achieve expected, proposes any costs structure optimization:

Analyse and report on trends, opportunities for EBITDA and FCF growth;

Pinpoint potential weak areas and impulse corrective action plans;

Implement strong control and understanding of staff costs variations;

Prepare / Coordinate preparation of all reporting for all countries/entities of the Zone:

Insure preparation of monthly Business Review with assistance / cooperation of local Finance team and Business Managers;

Acquisitions:

Insure that all acquisitions are rapidly integrated in Trescal Finance systems and processes and comply with internal policies;

Perform all integration steps in total autonomy or coordinate the support of external auditors to whom it would be delegated (completion accounts, opening balances, historical trial balances, …);

Assist management in operation integration;

Operations

Participate in key decisions as a member of the Management Committee team;

Interact regularly with other managers of the management team to provide support and initiatives through financial analyses, reports, and recommendations;

Risk Management

Is the interface between local Financial Directors and Group Finance Department (CFO , Legal Manager and Treasurer) to ensure all information is shared so that the local entities comply with all legal requirements, statutory and Internal;

To help Group Finance team to mitigate key elements of the company's risk profile;

To help Group Finance team to monitor all open legal issues involving the company and maintain appropriate insurance coverage;

Experience and Skills

Good knowledge of finance, accounting, and cost control principles including Generally Accepted Accounting Principles;

Knowledge / exposure on all processes, operating and within finance, impacting accounting booking;

Ability to analyse financial data and identify trends;

Used to prepare financial reports, statements;

Partnering with Operating Managers to ensure profitable development, anticipation and early warning of any drifts;

Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects;

Strong level of written and oral communication skills with ability to participate in and facilitate transverse projects;

Intercultural skills as this is a multicultural role;

Languages: English fully fluent;

First experiences in Asia Pacific in Finance roles is a plus;

Ideally acquired through a combination of the completion of a Master Degree in Finance (Ecole de Commerce in France), ideally along with a Certified Public Accountant degree;

Minimum 5 years of experience with a first experience in “big 4 type” Audit Firm, a division of an international Group or a large independent company > 100 m$ working under international regulations as Financial Controller;

References required;

Package

Fixe salary of xx k€ plus bonus of yy%;

Trescal Asia Pacific

Headquartered in Singapore ; More information on Trescal internet site www.trescal.com